But while the stock has faltered since, putting early buyers through seven stages of grief, monthly active users have continued to surge, topping 1 billion for the first time in September, and breaking through 1.1 billion as of March 31, according to company filings.

Story Conversation

About The Tell

The Tell is MarketWatch’s fast and engaging look at trends and themes in the day’s markets. Drawing on our reporters, analysts and commentators around the world, as well as selecting the best of the rest online, The Tell is all about the pulse of the markets through news, insight and strategic information to help you make the best investing decisions. Got a tip? Tell us at TheTell@MarketWatch.com